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Airbnb, Inc. (ABNB) Stock Moves -0.19%: What You Should Know
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Airbnb, Inc. (ABNB - Free Report) closed the most recent trading day at $167.75, moving -0.19% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.19%.
Heading into today, shares of the company had gained 7.33% over the past month, outpacing the Computer and Technology sector's loss of 5.5% and the S&P 500's loss of 3.16% in that time.
ABNB will be looking to display strength as it nears its next earnings release.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.30 per share and revenue of $5.75 billion, which would represent changes of +91.63% and +70.09%, respectively, from the prior year.
Any recent changes to analyst estimates for ABNB should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 14.17% lower within the past month. ABNB currently has a Zacks Rank of #3 (Hold).
The Internet - Content industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 199, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABNB in the coming trading sessions, be sure to utilize Zacks.com.
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Airbnb, Inc. (ABNB) Stock Moves -0.19%: What You Should Know
Airbnb, Inc. (ABNB - Free Report) closed the most recent trading day at $167.75, moving -0.19% from the previous trading session. This change was narrower than the S&P 500's daily loss of 1.19%.
Heading into today, shares of the company had gained 7.33% over the past month, outpacing the Computer and Technology sector's loss of 5.5% and the S&P 500's loss of 3.16% in that time.
ABNB will be looking to display strength as it nears its next earnings release.
For the full year, our Zacks Consensus Estimates are projecting earnings of -$1.30 per share and revenue of $5.75 billion, which would represent changes of +91.63% and +70.09%, respectively, from the prior year.
Any recent changes to analyst estimates for ABNB should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 14.17% lower within the past month. ABNB currently has a Zacks Rank of #3 (Hold).
The Internet - Content industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 199, putting it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ABNB in the coming trading sessions, be sure to utilize Zacks.com.